HomeMy WebLinkAbout1998-231RESOLUTION NO. 98- 231
RESOLUTION DECLARING COST TO BE ASSESSED, AND ORDERING
PREPARATION OF PROPOSED ASSESSMENT ROLL FOR
CURVE CREST BOULEVARD STREET REHABILITATION
(PROJECT NO. 9803, LI 335)
WHEREAS, a contract has been let and costs have been determined for the improvements to
Curve Crest Boulevard between Greeley Street to Washington Avenue and the contract (bid)
price for such improvement is $151,612.35 and the expenses incurred or to be incurred in the
making of such improvement amount to $37,187.10 so that the total cost of the improvement
will be $188,799.45.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF STILLWATER,
MINNESOTA:
1. The portion of the cost of such improvement to be assessed against benefited property
owners is declared to be $188,799.45.
2. Assessments shall be payable in equal annual installments extending over a period of ten
(10) years, the first of the installments to be payable on or before the first Monday in
January, 1999, and shall bear interest at the rate of 7 % percent per annum from the date of
the adoption of the assessment resolutions
3. The city engineer, shall forthwith calculate the proper amount to be specially assessed for
such improvement against every assessable lot, piece or parcel of land within the district
affected, without regard to cash valuation, as provided by law, and shall file a copy of such
proposed assessment in their office for public inspection.
4. The clerk shall upon the completion of such proposed assessment, notify the council
thereof.
Adopted by the council this 1st day of September, 1998.
J e, M or
ATTEST:
Morli eldon, City Clerk